Figure 2-1 -Refer to Figure 2-1.Which Arrow Represents the Flow of Spending

question 25

Multiple Choice

Figure 2-1
-Refer to Figure 2-1.Which arrow represents the flow of spending by households?

• A)A
• B)B
• C)C

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Definitions:

Conformity

Changing or adopting a behavior or an attitude in an effort to be consistent with the social norms of a group or the expectations of other people.

Compliance

Acting in accordance with the direct requests of other people.

Obedience

Behaving in accordance with the rules and commands of those in authority.

Halo Effect

A cognitive bias where the perception of a particular trait is influenced by the perception of former traits in a sequence of interpretations.